News Articles

Friday, September 10, 2010

Banks and mobile operators working together for m-payments in The Netherlands

Mobile networks KPN, T-Mobile and Vodafone are working in partnership with the ABN Amro, ING and Rabobank banking businesses to introduce mobile payments to the Netherlands.

The companies plan to use mobile phones that support the Near Field Communications (NFC) standard and the Single Wire Protocol (SWP), which connects the NFC chip to the SIM card. This would enable consumers to touch their mobile phones on a special pad to make payments. Introduction of the national m-payment system is planned for 2012.

[Sources: The Register.co.uk; Finextra.com; nearfieldcommunicationsworld.com]

Print
Author: The Fonecast
0 Comments
Rate this article:
No rating

Please login or register to post comments.

Name:
Email:
Subject:
Message:
x

Follow thefonecast.com

Twitter @TheFonecast RSS podcast feed
Find us on Facebook Subscribe free via iTunes

Archive Calendar

«March 2017»
MonTueWedThuFriSatSun
272812345
6789101112
13141516171819
20212223242526
272829303112
3456789

Archive

Terms Of Use | Privacy Statement